Technology plays a major role in our lives. Let’s have a look at how GPS tracking technology is helpful for Asset, Fleet and Vehicle Management.
According to the new market research report by IndustryARC titled “Fleet Management Software Market By Deployment Type (Cloud, On Premise); By Solution (Operation, Asset, Driver Management, Vehicle Maintenance & Leasing, and Driver Information System); By Vertical (Manufacturing, Government) & By Region - Forecast(2018 – 2023),” the market will be driven by the growing radio cab business and the need for them to improve their operational efficiencies.
Developed economies such as US and Canada have advanced forms of technology.
These countries have web and mobile based business applications.To access the Fleet Management Software Market report, click the link below:https://industryarc.com/Report/16198/fleet-management-software-market.htmlFleet Management Software Market Analysis Done in the Full Report:The operations management solution will have the largest share in the Fleet Management Software Market in the forecast period.
The management services segment will have the fastest growth during the forecast period due to the growing use of outsourced managed services.Selected Driving Factors Mentioned in the Fleet Management Software Market Report:• Growing demand for logistics and support drive the growth of the GPS fleet tracking software in the forecast period.
• The need to streamline the operations for greater connectivity will spur the demand for the fleet tracking.• Connected vehicles and smart transportation solutions by different organisations provide opportunities for the Fleet management software market.
• Adoption of cloud computing in fleet will elevate the growth of the fleet management software market.Key Players of the Fleet Management Software Market:The key players of the Fleet Management Software Market include Cisco Systems, Fleetamatics Group PLC, and IBM Corporation.
Investing in a GPS fleet asset tracking monitoring or Video Intelligence system, would be a wise move to help cut your overall insurance costs.
According to an article which appeared in the September edition of Business Fleet Magazine, most businesses are seeing a significant savings either 10-15% or more off their commercial vehicle insurance if they integrate a fleet asset management system into their everyday fleet activities.
When drivers know they can pick up deliveries on time, they will tend to actually take those deliveries instead of making last-minute excuses or taking risky, but costly, alternatives like shortcuts or passing up the opportunity to get the job done right.
This can reduce insurance costs by as much as fifteen percent, not to mention saving the company money in fueling bills and helping to meet fuel bills.Asset tracking systems are designed for any size and type of business.
With the advent of video intercom systems, fleet managers can view what's going on with each vehicle in real time.Vehicle tracking systems have revolutionized how fleets are managed.
The old style was to write down vehicle data in journals, keep them in file cabinets, secure them inside of vehicles only accessible by authorized staff members, and then go from office to check on them.
